NEW MAJOR PRICE REDUCTION OF $95, 000!
MOTIVATED SELLER! A MUST SEE APARTMENT!
Your opportunity awaits at 407 Park Avenue South, to live in a sun-drenched spacious, renovated 1-bedroom apartment at The Ascot. A wonderful full-service co-op in a prime location in the heart of Flatiron/NoMad.
This newly renovated high-floor unit located on the 17th floor is bathed in natural light from generous windows facing west, enhanced by open city views overlooking Park Avenue South. The generous floor plan includes a beautifully renovated kitchen with stainless steel appliances, white shaker cabinets & quartz countertop. This unit also includes a renovated bathroom with a full-length vanity, new striking light-wood floors throughout the apartment, central AC/heat and an abundance of floor to ceiling closets with custom built-ins.
The Ascot is a luxury post-war co-op in the heart of the Flatiron/NoMad neighborhood. This full-service building includes such excellent amenities as a full-time doorman, concierge, live-in super, new state-of-the art fitness center, central laundry room, bike room, and private storage. A courtyard garden and fabulous new roof deck with a barbecue, loungers, sitting areas, and stunning panoramic views complete the luxury living. This pet friendly building stands 27 stories with ONLY 6 apartments per floor.
You have waited long enough to live in this amazing NoMad/Flatiron location at the NE corner of Park Avenue South and 28th Street; just steps away from the 6 train with terrific restaurants, shopping, Madison Square Park and innumerable neighborhood conveniences all nearby.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$749,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,999 | $599,999 | $599,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,060 |
Total Monthly Payment | $4,084 | $4,080 | $5,152 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.